Core Points - Corporation Charbone has officially begun civil construction work on its clean Ultra High Purity (UHP) hydrogen production facility in Sorel-Tracy, Quebec, as scheduled [1][2] - This milestone marks the start of the construction phase for the first UHP hydrogen production module in Quebec, focusing on preparing technical infrastructure and laying foundations for the main equipment [2] - The CEO of Charbone expressed pride in the project's progress, emphasizing the commitment of the teams and partners, and highlighted the goal of local, decarbonized hydrogen production with a planned commissioning in November [3] Company Overview - Charbone is an integrated company specializing in clean Ultra High Purity (UHP) hydrogen and strategic industrial gas distribution in North America and Asia-Pacific [4] - The company is developing a modular green hydrogen production network while partnering with industry players to offer helium and other specialized gases without the need for costly new plants, which diversifies revenue, reduces risks, and increases flexibility [4] - Charbone is publicly traded on the TSX Venture Exchange (TSXV: CH), OTCQB (OTCQB: CHHYF), and Frankfurt Stock Exchange (FSE: K47) [4]

Core Points - Charbone Hydrogen Corporation has successfully completed a private placement raising a total of 1.013 million dollars, exceeding its initial target of 1 million dollars [1][2] - The funds will be used for the installation of hydrogen equipment at the Sorel-Tracy site and for the development of infrastructure to support long-term growth strategies [2][5] - The second tranche of the private placement involved the issuance of 9,183,334 units at a price of 0.06 dollars per unit, each consisting of one common share and one common share purchase warrant [3][5] Company Overview - Charbone Hydrogen Corporation specializes in the production and distribution of Ultra High Purity (UHP) hydrogen and strategic industrial gas distribution in North America and the Asia-Pacific region [4][6] - The company is developing a modular network for green hydrogen production and partners with industry players to offer helium and other specialty gases without the need for costly new plants [4][6] Financial Details - The proceeds from the share issuance will primarily be allocated to purchasing hydrogen equipment, installation at the Sorel-Tracy site, infrastructure development, and general working capital needs [5] - Each unit offered in the placement includes a warrant that allows the holder to purchase an additional common share at an exercise price of 0.08 dollars for a period of 24 months following the closing date [5]